EU Commission President Jean-Claude Juncker and EU foreign policy chief Federica Mogherini are in the center of a controversy for spending many thousands of euros on private charters as part of official missions, an information inquiry reveals.
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State-owned German development bank KfW mistakenly transferred billions of euros to four other banks due to a “configuration mistake” made by an “experienced programmer,” according to media reports.
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Brexiteer professor Ted Malloch, who is likely to become the United States ambassador to the European Union, has predicted the looming failure of the single European currency.

In an interview with the BBC, Malloch predicts the euro "could collapse" in the next 18 months.

"I think it is a currency that is not only in demise but has a real problem and could in fact collapse in the coming year, year and a half…The one thing I would do in 2017 is short the euro,” he told the British broadcaster.

"I am not the only person or economist of that point of view. Someone as acclaimed as Joseph Stiglitz - the World Bank economist - has written an entire book on this subject,” he added.

Malloch added that Washington and London could clinch a free trade deal within 90 days of the UK triggering Article 50 to leave the EU.